Okay, I'll be fairly detailed, as I don't want anything misunderstood. Two years ago, a friend of mine cosigned for a student loan for me. I am very grateful for that, of course. Now, in October of 2008, I fell 60 days past due, when I had a series of mishaps that put me behind. I felt terrible, and made sure the cosigner was aware. He did not say another word of it after I paid it current in early December 2008.
Now, since then, I have moved and gotten a new number in April 2009, which I did not give to anyone besides family, as I have very limited minutes. I made sure my friend had every email available to him and other ways to contact me, but asked that I not be contacted by phone, as well as him being a good friend to an ex that was extremely abusive to me, and having a history of giving my ex my numbers previously. Now, this past month, my email statement from my loan came from a new email, and it went to spam. I claim full responsibility for this, of course, as I forgot entirely about the loan payment, and used the money on another loan to pay it down. I get paid bimonthly, so I have to wait til the 15th to pay it current. so total, the account is 15 days behind, the loan company assured me no credit reporting would happen until 30+ days, and my cosigner is threatening action against me, for negative reporting, refusal to give him my cell phone number, and inability to get a new loan for himself.
Now, I'll agree if this was about previous deliquency, but he said nothing about it then, instead waiting almost 8 months later to tell me about further action. I am more concerned about the issues and trouble this will cause if I am taken to court, so I am curious what rights I have, and if he can take me to court at all.
Thanks in advance!!
Now, since then, I have moved and gotten a new number in April 2009, which I did not give to anyone besides family, as I have very limited minutes. I made sure my friend had every email available to him and other ways to contact me, but asked that I not be contacted by phone, as well as him being a good friend to an ex that was extremely abusive to me, and having a history of giving my ex my numbers previously. Now, this past month, my email statement from my loan came from a new email, and it went to spam. I claim full responsibility for this, of course, as I forgot entirely about the loan payment, and used the money on another loan to pay it down. I get paid bimonthly, so I have to wait til the 15th to pay it current. so total, the account is 15 days behind, the loan company assured me no credit reporting would happen until 30+ days, and my cosigner is threatening action against me, for negative reporting, refusal to give him my cell phone number, and inability to get a new loan for himself.
Now, I'll agree if this was about previous deliquency, but he said nothing about it then, instead waiting almost 8 months later to tell me about further action. I am more concerned about the issues and trouble this will cause if I am taken to court, so I am curious what rights I have, and if he can take me to court at all.
Thanks in advance!!
